The EU Parliament has voted today to impose new regulatory measures that would essentially prohibit anonymous cryptocurrency transactions. The news was first reported today by Coindesk. The ECON and LIBE committees voted to approve a proposal that would require cryptocurrency service providers, such as exchanges, to collect personally identifiable information from individuals who transact more than 1,000 euros using so-called…
Month: March 2022
Bitcoin derivatives metrics favor a move to $48K, but only after a lower support retest
Bitcoin (BTC) saw an 11% gain in the past week after the $46,000 resistance finally broke after 82 days. Many crypto pundits argue that Terraform Labs CEO Do Kwon, has played an important role in the price change, but is yet to be determined. A Bitcoin address thought to belong to Terra has now amassed almost $1.5 billion in BTC…
ShapeShift DAO launches NFT auction in support of female artists
Non-custodial cryptocurrency platform ShapeShift DAO has launched a new NFT auction in support of female artists in the nonfungible token and blockchain industries — a segment of the population that remains underrepresented in the rapidly growing digital economy. The auction for “Block 495559—Crypto Kitties and the Great Hairball in the Tubes,” a collaborative one-of-a-kind NFT series created by female artist…
VeChain Partners Alchemy Pay for Fiat Payment Rails and Crypto on-Ramps – Press release Bitcoin News
press release PRESS RELEASE. Palo Alto, USA, March 2022 – Vechain (VET), the leading layer-1 smart contract platform has announced it is adding Alchemy Pay’s (ACH) mainstream-friendly fiat payment channels and crypto on-ramps to its network. Alchemy Pay is a specialist in providing practical payment solutions that connect up fiat and crypto economies. Its crypto acceptance payment system for online…
Axie Infinity Delays Ethereum NFT Game Upgrade After $622M Hack
In brief The Axie Infinity ecosystem suffered a security breach last week, with more than $600 million worth of crypto funds stolen. Now the developers have delayed an upgraded version of the game following the attack. Earlier this week, Axie Infinity developer Sky Mavis revealed that its Ronin Network sidechain had been hacked, with about $622 million worth of crypto…
Compton Magic Partners With Swan Bitcoin For Bitcoin-Basketball Program
Compton Magic, an AAU basketball program known for developing high-level collegiate and NBA players, has partnered with Swan Bitcoin for the first Bitcoin-Basketball program. Players of Compton Magic will be gifted bitcoin on a recurring basis and through world-class educational resources at Swan Bitcoin, players will learn the values of sound money. Coaching Staff will also be awarded bitcoin through…
Threat Models For Home Bitcoin Miners
Home mining is one of the best expressions of individual sovereignty available, but every retail mining operation carries a variety of risks that need to be accounted for and mitigated as much as possible. Broadening awareness of the benefits of converting electricity into KYC-free units of censorship-resistant internet money in a basement, garage or backyard shed has been a key…
‘No Plan to Issue CBDC’ — Bank of Japan Governor – Featured Bitcoin News
Haruhiko Kuroda, the governor of the Bank of Japan (BOJ), has said the bank is currently not planning to launch a digital currency. The remarks come just a few days after the BOJ announced the commencement of the second phase of central bank digital currency experiments. Role of CBDC in People’s Lives The governor of the BOJ, Haruhiko Kuroda, recently…
Bitcoin Exchange Blockchain.com Allowing NFT Usernames for Its 82 Million Wallets
In brief Blockchain.com is a blockchain explorer, wallet, and crypto exchange. Unstoppable Domains sells “uncensorable” domain names that people can own and transfer. What’s in a name? If you have a Blockchain.com wallet, hopefully not a lot of random letters and numbers. The wallet-cum-exchange will allow all 82 million of its wallet users to connect their alphanumeric addresses to human-friendly…
Bitcoin suddenly dives to $46K as attention focuses on large CME futures gaps
Bitcoin (BTC) began to show fresh signs of an impending correction on March 31 as BTC price action began to eat into last weekend’s CME futures gap. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Up or down, CME futures gaps provide targets Data from Cointelegraph Markets Pro and TradingView showed BTC/USD abruptly spiking down by $1,000 in minutes on Bitstamp after…